As per the latest comprehensive and insightful research report released by Transparency Market Research, the United States industrial gas regulator market is
highly fragmented. However, there are a few well-established brand
names such as The Linde Group, Honeywell, and Air LIquide S.A. that are
making their presence felt in the U.S. industrial gas regulator market.
These players enjoy a significant market share owing to their forward
and backward integration in the ecosystem by providing integrated and
turnkey solutions across various industries.
Moreover, these players have deeply
penetrated the United States industrial gas regulator market by
introducing innovative and technologically advanced products in the
market, such as hybrid single-stage regulators for reduced complexity in
industries to control the flow of gas. Others companies, such as Air
Products and Chemicals Inc., Itron, Inc., and Praxair Technology, Inc.
are the emerging players in the United States industrial gas regulator
market and have positioned themselves well in the market.
As per the available projections given in
this research report, the U.S. industrial gas regulator market was
valued at US$ 2,468.4 Mn in 2017 and is slated to reach a valuation of
US$ 3,030.5 Mn in 2024, reflecting a CAGR of 2.9% during the assessment
period 2017-2024.
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A growing demand for innovative products
that offer improved performance and reliability and reduce environmental
impact are driving the demand for new technologies and contributing to
the growth of the United States industrial gas regulator market.
Improvements in gas regulator
technologies are anticipated to set new standards in performance of the
industrial gas regulators by replacing the diaphragm used in the
ordinary regulators with pistons in order to enable them to operate at
an increased frequency, and also offer reliability and improved pressure
stability, and these developments are driving the industrial gas
regulator market in the United States.
For example, Linde Group launched a
hybrid premium regulators named Smoothflo. Such kind of regulators
provide multi-stage performance and constant gas flow without any
adjustments and provide enhanced safety as well. The impact of
technologically advanced gas regulators on the industrial gas regulator
market in the United States is expected to be high, as industries demand
advanced technology products for better performance, enhanced safety
and reduced redundancy of work.
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